Its put up for auction the more than 29,000 bitcoins that it seized from the underground drug sales site Silk Road earlier this year, all of which are currently valued at close to $18 million. Notably, these bitcoins do not include those taken from Silk Roads alleged leader, Ross Ulbricht, who was arrested late last year and charged with narcotics […]
When the FBI seized Silk Road and the assets of its founder, it inadvertently became the owner of one of the worlds largest Bitcoin hoards. Just six months later, the US has decided that it wants to sell the smaller, Silk Road-owned portion of the stash, made up of 30,000 BTC worth around $18 million. […]
Andrew Michael Jones, one of the three men arrested in December 2013 for their alleged role in the operations of Silk Road and Silk Road 2, has been released on bail recently. US authorities have confirmed for Mashable that Jones has been set free. His family paid the bail money ($1 million / 730,000) to […]
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